Forbes Lists

Profile

JPMorgan Chase & Co. is a financial holding company that provides financial and investment banking services. It offers a range of investment banking products and services in all major capital markets, including advising on corporate strategy and structure, capital-raising in equity and debt markets, sophisticated risk management, market-making in cash securities and derivative instruments, prime brokerage and research. It also offers investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. The company operates its business through the following segments: Consumer and Community Banking, Corporate and Investment Bank, Commercial Banking, Asset Management, and Corporate/Private Equity. The Consumer and Community Banking segment serves consumers and businesses through personal service at bank branches and through ATMs, online, mobile and telephone banking. It is organized into Consumer and Business Banking, Mortgage Banking (including Mortgage Production, Mortgage Servicing and Real Estate Portfolios) and Card, Merchant Services and Auto ('Card'). Consumer and Business banking offers deposit and investment products and services to consumers, and lending, deposit, and cash management and payment solutions to small businesses. Mortgage Banking includes mortgage origination and servicing activities, as well as portfolios comprised of residential mortgages and home equity loans, including the purchased credit impaired portfolio acquired in the Washington Mutual transaction. Card issues credit cards to consumers and small businesses, provides payment services to corporate and public sector clients through its commercial card products, offers payment processing services to merchants, and provides auto and student loan services. The Corporate and Investment Bank segment offers a broad suite of investment banking, market-making, prime brokerage, and treasury and securities products and services to a global client base of corporations, investors, financial institutions, government and municipal entities. This segment offers a full range of investment banking products and services in all major capital markets, including advising on corporate strategy and structure, capital-raising in equity and debt markets, as well as loan origination and syndication. The Commercial Banking segment delivers extensive industry knowledge, local expertise and dedicated service to U.S. and U.S. multinational clients, including corporations, municipalities, financial institutions and non-profit entities. This segment provides financing to real estate investors and owners. This segment also provides comprehensive financial solutions, including lending, treasury services, investment banking and asset management to meet its client's domestic and international financial needs. The Asset Management segment provides investment and wealth management services. This segment offers investment management across all major asset services, including equities, fixed income, alternatives and money market funds. This segment also offers multi-asset investment management, providing solutions to a broad range of clients investment needs. For individual investors, this segment also provides retirement products and services, brokerage and banking services, including trust and estate, loans, mortgages and deposits. The Corporate/Private Equity segment comprises Private Equity, Treasury, Chief Investment Office ('CIO'), and Other Corporate, which includes corporate staff units and expense that is centrally managed. Treasury and Chief Investment Office are predominantly responsible for measuring, monitoring, reporting and managing the company's liquidity, funding, capital and structural interest rate and foreign exchange risks. The corporate staff units include Central Technology and Operations, Internal Audit, Executive, Finance, Human Resources, Legal and Compliance, Global Real Estate, General Services, Operational Control, Risk Management, and Corporate Responsibility and Public Policy. Other centrally managed expense includes the company's occupancy and pension-related expense that are subject to allocation to the businesses. The company was founded in 1968 and is headquartered in New York, NY. [...] more

More on Forbes

Social mobility in the UK hasn’t changed since the 1970s – and in some ways has got worse. For every one person born in the 1970s in the poorest fifth of society and going to university, there would be four undergraduates from the top fifth of society. Currently, 24% of vice-Chancellors, 32% of MPs and 54% of FTSE100 chief executives went to read »

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Comerica, Inc. (NYSE: CMA), where a total of 88,100 contracts have traded so far, representing approximately 8.8 million underlying shares. That amounts to about 603% of CMA’s average daily trading volume over the past month of 1.5 million read »

BlueMountain Capital, the credit-focused hedge fund that profited from JPMorgan Chase's London Whale trading fiasco in 2012, said on Tuesday former Federal Reserve Governor Jeremy Stein will begin advising the firm on monetary policy, regulation and financial market changes. The consulting arrangement pairs one of the largest credit read »

Wednesday the Federal Reserve’s Board of Governors announced its approval of capital plans from 28 of the 31 financial institutions it forces to undergo the annual Comprehensive Capital Analysis and Review.

Of the big U.S. banks Citigroup, Wells Fargo, JPMorgan Chase, Goldman Sachs Group and Morgan Stanley all received read »

The most recent short interest data has been released by the NASDAQ for the 02/27/2015 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Dow Jones Industrial Average by “days to cover.” There are a number of ways to look at short data, for example the total number of read »

Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is JPMorgan Chase & Co (NYSE: JPM). So this week we highlight one interesting put contract, and one interesting call contract, from the May expiration for JPM.

The Federal Reserve said on Thursday all 31 banks it tested as part of its Dodd-Frank Act Stress Test held minimum capital levels to withstand another financial downturn. No banks failed the Fed’s so-called stress tests, however, America’s largest lenders still need to hear whether their capital plans, which govern dividend and share buyback read »

Shake Shack hasn’t done much for shareholders in its early days as a public company, and judging from the first round of analyst coverage Wall Street doesn’t expect that to change too soon. Only one of the seven firms that ran its IPO last month initiated the stock at a buy rating.

Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is JPMorgan Chase & Co (NYSE: JPM). So this week we highlight one interesting put contract, and one interesting call contract, from the January 2016 expiration for JPM.

In early trading on Friday, shares of JPMorgan Chase (JPM) topped the list of the day’s best performing Dow Jones Industrial Average components, trading up 2.4%. Year to date, JPMorgan Chase has lost about 7.1% of its value.

And the worst performing Dow component thus far on the day is Intel (INTC), trading down 1.2%. Intel read »

It may have taken longer than anticipated, but debut as a public company is off to a rousing start.

Shares of the cloud storage firm opened for trading at $22 Friday, a 57% pop from its $14 IPO price. The company sold 12.5 million shares to raise $175 million (underwriters led by , Credit Suisse and have the option to purchase read »

BlueMountain Capital Management on Friday said it was shorting the stock of Ocwen Financial and one of its publicly traded affiliates Home Loan Servicing Solutions. The Andrew Feldstein-run hedge fund, which profited from JPMorgan Chase's multi-billion dollar London Whale trading loss in 2012, also delivered a notice of default against a read »